Share on LinkedInShare on LinkedIn

ARTICLE · 22 FEBRUARY 2023

Digitalisation In Insolvency Proceedings

Schoenherr (Schönherr Rechtsanwälte)
Schoenherr (Schönherr Rechtsanwälte)
Contributor
Schoenherr (Schönherr Rechtsanwälte)

Schoenherr (Schönherr Rechtsanwälte)

Schoenherr is a leading European full-service law firm with a strong footprint across Central and...

View firm profile
Explore more from Schoenherr (Schönherr Rechtsanwälte)

Due to their clear structure and organisation, insolvency proceedings are ideally suited for digitalisation processes.

CroatiaInsolvency/Bankruptcy/Re-Structuring

Due to their clear structure and organisation, insolvency proceedings are ideally suited for digitalisation processes. It is therefore more than surprising that despite Austria's pioneering role in the digitalisation of the justice system with its Justice 3.0 project, there has been no significant development in the expansion of digitalisation in insolvency proceedings since the early 2000s. The situation is different in Croatia, however, where the new Insolvency Act came into force in 2015 and was used as an opportunity to open the path towards digitisation. But what is Croatia doing differently and what can Austria learn from it?

When the new Insolvency Act came into force in Croatia, the first thing that changed was the method of publication. Instead of the previous provisions on informing parties and the general public of the insolvency proceedings via the Official Gazette of the Republic of Croatia, an e-Bulletin board was introduced into Croatian insolvency

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from